Centrotherm Competitors
| CTNK Stock | | | EUR 11.10 0.30 2.63% |
Centrotherm International competes with
WONDERFI TECHNOLOGIES,
ParTec AG, and
Msg Life; as well as few others. The company operates under
Semiconductors & Semiconductor Equipment sector and is part of
Information Technology industry. Analyzing Centrotherm International competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Centrotherm International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out
Centrotherm International Correlation with its peers.
Centrotherm International Correlation With Market
Poor diversification
The correlation between centrotherm international AG and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding centrotherm international AG and DJI in the same portfolio, assuming nothing else is changed.
The Centrotherm International's current
Return On Tangible Assets is estimated to increase to 0.08. The Centrotherm International's current
Return On Capital Employed is estimated to increase to 0.34. At this time, Centrotherm International's
Return On Assets are most likely to increase slightly in the upcoming years. The Centrotherm International's current
Asset Turnover is estimated to increase to 0.79, while
Non Current Assets Total are projected to decrease to roughly 39.5
M.
Centrotherm International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Centrotherm International and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Centrotherm and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Centrotherm International does not affect the price movement of the other competitor.
High positive correlations | | High negative correlations |
Risk-Adjusted IndicatorsThere is a big difference between Centrotherm Stock performing well and Centrotherm International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Centrotherm International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Centrotherm International Competitive Analysis
The better you understand Centrotherm International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Centrotherm International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Centrotherm International's competition over several years is one of the best ways to analyze its investment potential.
Centrotherm International Competition Performance Charts
Five steps to successful analysis of Centrotherm International Competition
Centrotherm International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Centrotherm International in relation to its competition. Centrotherm International's competition analysis typically involves several steps, including:
- Identifying the key players in the market: This involves identifying the major competitors of Centrotherm International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Centrotherm International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Centrotherm International, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.
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Other Information on Investing in Centrotherm Stock
Centrotherm International financial ratios help investors to determine whether Centrotherm Stock is cheap or expensive when compared to a particular measure, such as profits or
enterprise value. In other words, they help investors to determine the cost of investment in Centrotherm with respect to the benefits of owning Centrotherm International security.
